diff --git a/src/proxy-manager/Cargo.lock b/src/proxy-manager/Cargo.lock
index 76dc46d41..fbbca01ee 100644
--- a/src/proxy-manager/Cargo.lock
+++ b/src/proxy-manager/Cargo.lock
@@ -1145,9 +1145,9 @@ dependencies = [
 
 [[package]]
 name = "serde-xml-rs"
-version = "0.4.1"
+version = "0.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f0bf1ba0696ccf0872866277143ff1fd14d22eec235d2b23702f95e6660f7dfa"
+checksum = "3adb528249756f81ba25e0359e7d7462d0a27a47e8843c4c7c44b5aaf146d4ee"
 dependencies = [
  "log",
  "serde",
@@ -1407,9 +1407,9 @@ checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
 [[package]]
 name = "tokio"
-version = "1.9.0"
+version = "1.10.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4b7b349f11a7047e6d1276853e612d152f5e8a352c61917887cc2169e2366b4c"
+checksum = "01cf844b23c6131f624accf65ce0e4e9956a8bb329400ea5bcc26ae3a5c20b0b"
 dependencies = [
  "autocfg",
  "bytes 1.0.1",
diff --git a/src/proxy-manager/Cargo.toml b/src/proxy-manager/Cargo.toml
index 2345bd580..7c5a71ac9 100644
--- a/src/proxy-manager/Cargo.toml
+++ b/src/proxy-manager/Cargo.toml
@@ -16,7 +16,7 @@ serde = { version = "1.0", features = ["derive"] }
 serde_json = "1.0"
 storage-queue = { path = "../agent/storage-queue" }
 thiserror = "1.0"
-tokio = { version = "1.8", features = ["macros", "rt-multi-thread", "fs", "process"] }
+tokio = { version = "1.10", features = ["macros", "rt-multi-thread", "fs", "process"] }
 url = { version = "2.2", features = ["serde"] }
 reqwest-retry = { path = "../agent/reqwest-retry"}
 onefuzz-telemetry = { path = "../agent/onefuzz-telemetry" }